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How this university plans to reduce its budget deficit by $110 million in one year

University Business

1, 2026, according to a financial update posted on the school’s website. More from UB: The divestment problem: Colleges now face a financial bind Steps taken to cut the budget deficit At the board meeting, Arnold informed the audience that UA plans to decrease administrative units by 6.3%, or $30.1 cut, which comes out to $26.1

IT 105
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Unapologetic Leadership for Black Learner Success

Diverse: Issues in Higher Education

Since the beginning of the COVID-19 pandemic, the federal government and higher education institutions have fed the public a steady diet of bad enrollment news. Public health concerns increased responsibilities to care for and educate school-aged children and disrupted jobs and industries.

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Despite Probation, Saint Augustine's University is Looking Forward

Diverse: Issues in Higher Education

9, according to SACSCOC’s disclosure statement, which explains that SAU failed to meet compliance with core requirements regarding financial resources and documents. McPhail completely restaffed her business office and placed a greater emphasis on the importance of interoffice communication.

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After “exhausting all avenues” to avoid going under, Notre Dame College closes

University Business

Soon after, murmurs began surrounding the health of the school. Such students can expect all their credits to transfer, and some will match their financial aid packages. “It’s not corruption, it’s not financial misappropriation of funds,” Rachel Burns, a senior policy analyst at SHEEO, told The Hechinger Report.

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Georgetown College retains accreditation with warning

University Business

Georgetown College has retained its accreditation from the Southern Association of College and Schools Commission on Colleges (SACSOC) although with a warning to continue addressing and improving the college’s financial health. Read more on News-Graphic. A two-year probation was lifted in 2018 by SACSOC for Georgetown College.

IT 40
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After spearheading Sweet Briar’s revival, President Meredith Woo will step down

University Business

During the pandemic, Sweet Briar opened a new health center and an AstroTurf field, renovated its 130-acre equestrian facility, and refurbished 24/7 dining areas and residence hall common spaces. News & World Report in three out of the last four years.

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A president proposes steep job cuts to save his institution

Confessions of a Community College Dean

Image: Facing a budget deficit of $5 million, Southern Oregon University is considering a realignment plan that will include deep cuts, which its president says are necessary to right the ship financially. But officials say that without the ambitious realignment plan, the university’s financial deficit could grow to $14.6